What is the Statute of Frauds?
An example of an AI chatbot conversation about the Statute of Frauds in contract law.
What is the Statute of Frauds?
The Statute of Frauds is a legal doctrine requiring certain contracts to be in writing to be enforceable.
Which contracts are covered by the Statute of Frauds?
It typically covers contracts for the sale of real estate, contracts that cannot be performed within one year, and agreements to pay someone else's debt.
Why was the Statute of Frauds created?
It was created to prevent fraud and perjury in the enforcement of certain types of contracts by requiring written evidence.
Are there any exceptions to the Statute of Frauds?
Yes, exceptions include partial performance, admissions in court, and certain promissory estoppel situations.
How does the Statute of Frauds affect oral contracts?
Oral contracts may be unenforceable if they fall under the categories specified by the Statute of Frauds.
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